Finding affordable office space in Manhattan can be like finding a needle in a haystack. Office rents in the city have reached new highs in 2019, particularly in desirable markets like FiDi or Hudson Yards. The ever-growing demand for office […]Read more
Knotel has signed a trio of leases across Manhattan, bringing its presence in the New York City area close to 2.5 million square feet.
In one of the deals, the provider of flexible office space inked a 10-year lease for […]Read more
Healthcare technology firm Flatiron Health has nearly doubled the space it occupies at One SoHo Square, a two-building Class A office development owned by Stellar Management and Imperial Capital in Manhattan’s SoHo neighborhood. In a deal intermediated by Savills, the […]Read more
Norris McLaughlin, a full-service business law firm with offices in New Jersey, New York, and Pennsylvania, has inked a deal to lease 27,488 square feet of prime office space on the 21st floor of 7 Times Square in Midtown Manhattan. […]Read more
A New York pioneering skyscraper of its era, the Flatiron Building is closing down for renovations, reports the Commercial Observer. Macmillan Publishers, the parent company to publishers like St. Martin’s Press and Henry Holt & Co., has been the sole […]Read more
Marketing and communications company Tag opened its new Americas headquarters in The New York Times Building, a 52-story Class A+ building located on the west side of Midtown Manhattan.
The U.K.-based firm signed a lease for the entire 31,000-square-foot […]Read more
New York City-based advertising agency DeVito/Verdi is moving its headquarters from Fifth Avenue to Manhattan’s Hudson Square neighborhood, near SoHo. The 31-year-old company has subleased the 17,175-square-foot office space left vacant by Cadillac at 330 Hudson Street.
Cadillac had established […]Read more
New York-based Converge Marketing is moving its Midtown South office space from 33rd Street to a historic building on West 39th Street. According to the Commercial Observer, the marketing agency will take over 13,116 square feet on the entire sixth […]Read more
The pending sale of 521 Fifth Avenue in Midtown Manhattan has officially closed. Savanna paid $381 million to buy the 39-story tower from a joint partnership between SL Green and Plaza Global Real Estate Partners, the Commercial Observer reports. The […]Read more
The Midtown Manhattan office scene continues to attract high-profile tenants, even with average asking rents reaching a post-recession peak of $87 per square foot, according to CBRE’s Q1 2019 data. While the steep prices are driving some companies out of […]Read more
Microsoft has recently signed a lease to take over 63,000 square feet of brand new SoHo office space at 300 Lafayette Street. The New York Post first reported the lease, which now leaves just 8,500 square feet of retail space […]Read more
Something very interesting is occurring in the Manhattan commercial office space market: until recently, rents in class A office buildings all over the city commanded a big premium over rents in class B and C loft buildings in Midtown South. […]Read more